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Celanese Corporation (NYSE:CE) Investor Investigation Announced

  • If you purchased shares of Celanese Corporation (NYSE:CE), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Celanese Corporation
Security
NYSE: CE

Summary

April 25, 2017 (Shareholders Foundation) - An investigation on behalf of investors in shares of Celanese Corporation (NYSE:CE) was announced over potential breaches of fiduciary duties by certain officers and directors at Celanese.

The investigation by a law firm concerns whether certain Celanese Corporation (NYSE:CE officers and directors breached their fiduciary duties.

Celanese Corporation reported that its annual Total Revenue declined from over $5.67 billion in 2015 to over 45.38 billion in 2016 and that its Net Income increased from $304 million in 2015 to $902 million in 2016.

Shares of Celanese Corporation (NYSE:CE) grew from $57.31 per share in February 2016 to as high as $92.89 per share on April 10, 2017.

On April 25, 2017, NYSE:CE shares closed at $89.11 per share.

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